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NY S07960
Bill
Status
Engrossed
6/20/2018
Primary Sponsor
Michael Ranzenhofer
Click for details
AI Summary
- Establishes a pilot program allowing public authorities to award contracts exclusively to small businesses, minority-owned business enterprises (MBEs), and women-owned business enterprises (WBEs) as defined in state economic development and executive law
- Limits total contract value under the pilot program to the greater of $20 million or 5% of the authority's total annual contract value
- Requires authorities to designate such procurements in advance and clearly indicate the restriction in advertisements and requests for bids or proposals
- Allows rejection of all bids if fewer than three qualified responses are received or if accepted bids would result in unreasonable pricing
- Expires July 1, 2022 and is automatically repealed on that date
Legislative Description
Relates to the award of contracts to small businesses, minority-owned business enterprises and women-owned business enterprises; provides for the repeal of such provisions upon expiration thereof.
Last Action
referred to governmental operations
6/21/2018
Committee Referrals
Governmental Operations6/21/2018
Rules6/20/2018
Corporations, Authorities and Commissions3/13/2018
Full Bill Text
No bill text available